Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 996.9 Million | USD 1507.2 Million | 4.7% | 2023 |
According to Zion Market Research, the global Aseptic Paper Packaging Market was worth USD 996.9 Million in 2023. The market is forecast to reach USD 1507.2 Million by 2032, growing at a compound annual growth rate (CAGR) of 4.7% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Aseptic Paper Packaging Market industry over the next decade.
Aseptic paper packaging is a specialized process of production in which drugs, food, and other contents are sterilized by separating it from the packaging. These contents are then put back into the container in a sterile environment. The process utilizes high temperatures for retaining the freshness of contents along with preventing contamination through microbes. Aseptic paper packaging is utilized in food & beverages and pharma sectors for ensuring that food, as well as medicines, does not get contaminated due to bacteria. Materials used in aseptic paper packaging include film foils and polyethylene.
Benefits offered by the aseptic paper packaging process include enhanced product shelf life, low shipping & distribution expenditure, environment friendliness, no requirement of preservatives, and maintaining product quality. This, in turn, will create new growth avenues for the aseptic paper packaging market. The rise in intake of dairy & bakery products is predicted to provide a boost to the expansion of the aseptic paper packaging industry during the forecast period.
The huge popularity of ready-to-eat food, as well as convenience diet, will further upscale the growth of the aseptic paper packaging market in near future. The spread of the COVID -19 pandemic has resulted in a massive need for aseptic paper packaging, thereby uplifting the growth of the aseptic paper packaging market. Nonetheless, oscillation in costs of raw materials can pose threat to the growth of the aseptic paper packaging market.
Report Attributes | Report Details |
---|---|
Report Name | Aseptic Paper Packaging Market |
Market Size in 2023 | USD 996.9 Million |
Market Forecast in 2032 | USD 1507.2 Million |
Growth Rate | CAGR of 4.7% |
Number of Pages | 134 |
Key Companies Covered | Weyerhaeuser Company, Elopak SA, Tetra Pak International S.A., Refresco Gerber N.V., Nippon Paper Industries Co.Ltd., Greatview Aseptic Packaging Co.Ltd., Nampak Ltd., Clearwater Paper Corporation, SIG Combibloc Obeikan Ltd., TidePak Aseptic Packaging Material Co. Ltd., Mondi Plc, Evergreen Packaging Inc., Polyoak Packaging Group (Pty) Ltd., Amcor Plc, IPI s.r.l., Uflex Ltd., Ducart Group, Lami Packaging Co. Ltd. |
Segments Covered | By Thickness, By Paper Type, By End-Use, By Packaging Type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific Market To Witness Lucrative Growth By 2032
Expansion of the aseptic paper packaging market in the Asia Pacific during the forecast period can be credited to the high acceptance of new packaging techniques along with awareness about the need for increasing the shelf life of food products. Apart from this, the necessity of ensuring food safety will further drive regional market trends. Growing requirements for reducing bacterial contamination among food manufacturers will open new dimensions of growth for the aseptic paper packaging market in the Asia Pacific.
Some of the leading in the global market include
By Thickness
By Paper Type
By End-Use
By Packaging Type
By Region
FrequentlyAsked Questions
Benefits offered by aseptic paper packaging process include enhanced product shelf life, low shipping & distribution expenditure, environment friendliness, no requirement of preservatives, and maintaining product quality. This, in turn, will create new growth avenues for aseptic paper packaging market. Rise in intake of dairy & bakery products is predicted to provide boost to expansion of aseptic paper packaging industry during forecast period. Huge popularity of ready-to-eat food as well as convenience diet will further upscale growth of aseptic paper packaging market in near future. Spread of COVID -19 pandemic has resulted in massive need for aseptic paper packaging, thereby uplifting growth of aseptic paper packaging market.
According to Zion Market Research, the global Aseptic Paper Packaging Market was worth USD 996.9 Million in 2023. The market is forecast to reach USD 1507.2 Million by 2032, growing at a compound annual growth rate (CAGR) of 4.7% during the forecast period 2024-2032.
Asia Pacific will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to high acceptance of new packaging techniques along with awareness about need for increasing shelf life of food products. Apart from this, necessity of ensuring food safety will further drive regional market trends. Growing requirement for reducing bacterial contamination among food manufacturers will open new dimensions of growth for aseptic paper packaging market in Asia Pacific
The key market participants include Weyerhaeuser Company, Elopak SA, Tetra Pak International S.A., Refresco Gerber N.V., Nippon Paper Industries Co., Ltd., Greatview Aseptic Packaging Co., Ltd., Nampak Ltd., Clearwater Paper Corporation, SIG Combibloc Obeikan Ltd., TidePak Aseptic Packaging Material Co. Ltd., Mondi Plc, Evergreen Packaging Inc., Polyoak Packaging Group (Pty) Ltd., Amcor Plc, IPI s.r.l., Uflex Ltd., Ducart Group, and Lami Packaging Co. Ltd.
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